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The Bitcoin Whale, who shorted Bitcoin 40x, is now facing a liquidation loss of over $710,000, with the liquidation price at $65,306.

Aug 8, 12:59

August 8th, according to TradingBeats (formerly Hyperinsight) monitoring, a whale entered the market at $64,213, shorted 930 BTC with 40x leverage, currently facing an unrealized loss of $710,900, with a liquidation price of $65,306.